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Gamification Startup SessionM Raises $20M Led by Charles River Ventures

SessionM, a startup led by Quattro Wireless co-founder Lars ALbright, just announced that it has raised $20 million in a Series B round of funding. The round was led by Charles River Ventures, with participation from past investors Highland Capital Partners and Kleiner Perkins Caufield & Byers. CRV partner Jon Auerbach is joining the SessionM board. The company declined to comment on the valuation, but apparently VentureWire is reporting that the round values SessionM at $100 million. Quattro, of course, was acquired by Apple and became the basis of the...

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Published By: Tech Crunch - Tuesday, 8 May, 2012